The Canadian Defense Industry: Market Opportunities and Entry Strategies, Analyses and Forecasts to 2016
The reduced growth rate of the defense budget during the forecast period is due to budget cuts announced by the government to reduce its fiscal deficit. As a result, the defense budget is expected to decrease to 1.1% of gross domestic product (GDP) by 2016, compared to the increase from 1.1% to 1.4% recorded over the review period.
Canadian defense expenditure is mainly driven by the modernization of its armed forces outlined in the Canada First Defense Strategy (CFDS), the countryâ€™s participation in various peacekeeping missions around the world, and the need to ensure the sovereignty of the Arctic region, which has become vulnerable to foreign intrusions due to climate change and speculation surrounding oil reserves in the area.
Reasons to buy:
â€¢ Gain insight into the Canadian defense industry with current, historic and forecast market values
â€¢ Acquire knowledge into market opportunity and attractiveness
â€¢ Includes industry procurement dynamics
â€¢ Provides information on industry structure
â€¢ Supplies with regulations governing the Canadian defense industry and the potential market entry strategies with an expert analysis of the competitive structure
â€¢ Identify top companies of the Canadian defense industry along with profiles of all those companies
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